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20th December 2018

Growth Opportunities in the Global Composites Market

$4850

Report summary

The future of the global composites market looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The global composite materials market is expected to reach an estimated $38.0 billion by 2023 and it is forecast to grow at a CAGR of 4.1% from 2018 to 2023. The global composites end product market is expected to reach an estimated $107.4 billion by 2023. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry.

Emerging trends, which have a direct impact on the dynamics of the composites market, include development of low-cost carbon fibers, high performance glass fiber, and rapid cure resin system.

A total of 241 figures / charts and 39 tables are provided in this 383-page report to help in your business decisions.

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Growth Opportunities in the Global Composites Market

383 pages, print format

Publication date: May 2018

Publisher: Lucintel

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